Quogue-New York Savings

Build your Quogue Home’s Value through Energy Savings

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Replacing your windows to EnergyStar rated National Vinyl windows can add to the asking price of your home. As mentioned before, windows preserve most of their initial value especially given their long life expectancy. At a rate of 72.3% estimated for 2020 an average total window replacement job costing $17,925 would preserve $13,018 of its initial value.

Moreover, many buyers are willing to pay a premium for energy savings. Here we try to evaluate : What’s the return on investment on energy savings on the market? Below is what we estimated in Quogue:

In other words, a window investment in Quogue can add between 0.31% percent and 2.35 % percent to the sale price of your home via the energy efficiency premium buyers have shown a willingness to pay. Combined with the aforementioned +72.3% retained upfront value of your windows, and National Vinyl’s lifetime warranty, the value proposition for a Quogue homeowner is quite strong.

The variation between the range for Quogue and Buffalo, which for reference, would yield a potential premium range of 0.12% percent and 0.2% percent respectively, is dependent on a number of factors, particularly; the 16.51% percent difference in median home prices, a buyers’ likelihood to pay more for energy savings at a given price point in the New York-Newark-Jersey City region, and energy price differences between Quogue and Buffalo.

The data presented is based on EnergyStar, the NREL,Department of Energy and extensive research performed by the National Association of Homebuilders. Quogue home value data is provided by Zillow.

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